10 Year-End Small Biz Tax Tips

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Take advantage of the tax healthcare credit. If a small business pays at least half of health care premiums, the business can obtain a tax credit. This applies to businesses with 10 or fewer full-time employees with annual wages that average $25,000 or less. The break phases out for firms with 25 employees or that pay average wages above $50,000.

Take advantage of the tax healthcare credit. If a small business pays at least half…